On average, listings lease in the $10's per square foot per year. The North Mountain submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $0 per sqft per year. That's a 1% increase in rent.
Compared to the rest of the Phoenix Metropolitan Area market, the North Mountain region has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 110 listings have been made available, so you'll want to check back regularly for new listings. About 6% of the office spaces in the North Mountain are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,160 sqft. Most buildings in this area are around 2 floors. Most buildings in this region were built in 1984 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by car is the most popular way to get to work amongst North Mountain occupants. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.